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Classical Economists Believed That If Saving Were Greater Than Investment,the

Question 103

Multiple Choice

Classical economists believed that if saving were greater than investment,the interest rate would _____,causing saving to _____ and investment to _____ until the two were equal.


A) rise;decrease;increase
B) fall;decrease;increase
C) fall;increase;decrease
D) rise;increase;decrease
E) fall;increase;increase

Correct Answer:

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